Usually the Imposition of Trade Barriers Affecting a Particular Good

question 120

Multiple Choice

Usually the imposition of trade barriers affecting a particular good benefits ________ people domestically,each of whom gains a ________.

• A)a few;little
• B)a few;lot
• C)many;little
• D)many;lot
• E)We can't determine the relative benefits from the imposition of trade barriers.

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Definitions:

Managerial Powers

The authorities vested in managers of an organization to make decisions, guide operational practices, and direct the workforce towards achieving the firm's objectives.

Buyout Clause

A contractual provision allowing for the purchase of a particular asset or the stake of a business partner under predefined circumstances.

Limited Partnership

A partnership arrangement where some partners have limited liability to the extent of their investment, while others have full liability.

General Partner

A member of a partnership who has unlimited liability for the debts of the business and plays an active role in its management.